CII OUTLINES FISCAL STRATEGY FOR MACRO ECONOMIC STABILITY

THE Confederation of Indian Industry (CII) has outlined a four-point fiscal strategy focusing on debt sustainability, fiscal transparency, revenue mobilisation and expenditure efficiency, calling on the government to sustain macroeconomic stability while supporting long-term growth in the forthcoming Union Budget.

- ENS ECONOMIC BUREAU @ New Delhi

In a pre-Budget representation released on Wednesday, CII said India is currently witnessing a rare Goldilocks phase, marked by strong economic growth, alongside contained inflation. Real GDP growth stood at 8% in the first half of FY26, while price pressures have remained well anchored, reflecting prudent fiscal and monetary management. “India has achieved a rare convergence of high growth, low inflation and improving fiscal indicators. The next Unio